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Articles by Bimal Jain

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Withdrawal of inimical Circular on Post-sale Discount

  Bimal Jain    30 September 2019 at 17:00

Background of the issue:To settle the haze surrounding on treatment of post-supply discounts under GST, the CBIC issued a Circular No. 105/24/2019-GST dated Jun..



Set the bird free from the cage of pre-GST legacy disputes

  Bimal Jain    12 September 2019 at 13:00

The Scheme 'Sabka Vishwas Scheme 2019' has now been notified and is in operation from September 1, 2019, which would continue till December 31, 2019.



Gujarat HC granted interim relief in writ challenging late fee for delayed filing of GSTR-3B

  Bimal Jain    06 September 2019 at 10:23

The Hon'ble Gujarat High Court in the matter of AAP & Co. vs Union of India has grants interim relief in writ challenging imposition of late fees for late filing of GSTR-3B under Section 47 of the CGST Act.



Interest/late fees for services of pre-GST era, received after 1st July 2017, are liable to GST

  Bimal Jain    31 August 2019 at 16:56

The AAR, Tamil Nadu in the case of M/s Chennai Port Trust has held that the amounts received on or after July 1, 2017 towards interest, late fees, penalty relating to services of lease/rent, due to delayed payment of consideration for those services rendered by Applicant before July 1, 2017, are liable to GST.



GST leviable on Mobilization Advance as on July 1, 2017 received for works contract service: AAR

  Bimal Jain    31 August 2019 at 11:21

The West Bengal AAR in the matter of Siemens Ltd. has ruled that the Applicant is deemed to have supplied works contract service to KMRCL



No ITC on inward supplies for in-house hospital providing free medical facilities to employees: AAR

  Bimal Jain    29 August 2019 at 16:05

Synopsis:The Tamil Nadu AAR in the matter of Chennai Port Trust has ruled that the Applicant, providing medical services and medicines as part of mandated rules..



Bombay HC issues notice in writ challenging Rule 89(5) denying refund of 'input services' under inverted duty structure

  Bimal Jain    26 August 2019 at 15:08

Facts:M/s Raymond UCO Denim Private Limited ('Raymond' or 'the Petitioner'), approached the Hon'ble Bombay High Court challenging the vires of Rule 89(5) of the CGST Rules, 2017('CGST Rules') on the ground that it runs contrary to the provisions of S



GST Audit Check list for Composition Taxpayer

  Bimal Jain    15 July 2019 at 13:36

The CBIC has issued GST audit Manual 2019 after approval by the Board. The Board vide its letter F. No. 221/03/2013 � CX-6 dated August 30, 2018 requested



Proposed Amendment in the Customs Act, 1962 and Service Tax - Union Budget 2019

  Bimal Jain    06 July 2019 at 13:02

The legislative changes would come into effect only upon the enactment of the Finance (No. 2) Bill, 2019. Current provisions Proposed provision..



Sabka Vishwas (Legacy Dispute Resolution) Scheme, 2019 - Central Excise and Service Tax

  Bimal Jain    06 July 2019 at 12:45

A dispute resolution cum amnesty scheme called the Sabka Vishwas Legacy Dispute Resolution Scheme is being introduced for resolution and settlement of legacy ca..




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